Good morning. Yes, you should start by speaking with a mortgage broker and finding one who handles and deals with FHA loans. You want to see what you are pre qualified for, so you know what price range to look in. In addition, you want to use a realtor, to help you locate and find properties, in your desired area and price range an that WILL accept FHA financing. Some buyers will only want conventional loans or VA loans, so you just want to make sure a FHA loan will not be an issue.

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Customer reply replied 2 months ago

Hi, thanks for the response.Should I go through the agent thats representing the property for sale first? Or should I hire a mortgage broker to find a property for me and broker a deal?

The mortgage broker will only be involved with the financing / FHA loan. You want to hire a realtor, to find you the home. If there is a property which you like and see is for sale, you can contact the listing agent and speak with them. They would likely be willing to represent you and the seller.

I think you need to speak with a few brokers and see which one you feel the most comfortable with. Ask them what their fees are and the process to obtain a FHA loan and select which one you feel is best. Moreover, when you speak with the realtor, as them if they have any in house companies they work with, to help. Often times, they work with one or two brokers all the time, who can get the deal done.

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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).